Cheap Apartments for Rent in the Island Estate Neighborhood of Clearwater Beach, FL from $700 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Island Estate area of Clearwater Beach.

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Santa Rosa Apartments
1 to 3 Bedroom Apartments

Santa Rosa Apartments

1270 Santa Rosa StClearwater, FL 33756
  • Utilities Included
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Jefferson
1 to 3 Bedroom Apartments

Jefferson

121 N Jefferson AveClearwater, FL 33755
  • Utilities Included
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Island Estate, Clearwater Beach, FL Local Guide

Cheapest Available Island Estate Apartments for Rent

 

The cheapest available apartment rental in the Island Estate area of Clearwater Beach, FL is a Studio unit found at The Oasis priced from $999. Palmetto on West has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,103. Here are the most affordable Island Estate apartments for rent in Clearwater Beach, FL:

Apartment ListingModel NameBed/BathPriced From
The OasisStudioStudio,1BA$999
Palmetto on WestThe Evergreen2BR,1BA$1,103
Lexington Club2 Bedroom2BR,2BA$1,179
Lennox Court Apartments1 Bedroom1BR,1BA$1,185
IndigoE2Studio,1BA$1,243

Best Value Apartments for Rent in Island Estate, FL

As of April 06, 2025 the best value apartment in the Island Estate area is the $1.51 price per square foot The Park (C1) Model at Serenity Lane in the in the Coalition of Clearwater neighborhood starting from $1,845. The second greatest value Island Estate apartment is the Franklin st Model at 1259 Franklin St starting at $1,495 with a $1.66 price per square foot in the Coalition of Clearwater neighborhood. Here is today’s list of the best values for Island Estate apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Serenity LaneThe Park (C1)3BR,2BA$1.51
1259 Franklin StFranklin st2BR,1BA$1.66
Lexington Club2 Bedroom2BR,2BA$1.45
Palmetto on WestThe Evergreen2BR,1BA$1.38
1008 La Salle St1008 La Salle St3BR,2BA$2.54
Lennox Court Apartments1 Bedroom1BR,1BA$1.54
Promenade At Edgewater ApartmentsCaye1BR,1BA$1.88
Terraces at Clearwater BeachTwo Bedroom2BR,1BA$2.07
Mainstreet ApartmentsThe Lane1BR,1BA$2.44
Pineview ApartmentsThe Sand1BR,1BA$2.21

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Island Estate, Clearwater Beach, FL

Ranked #1

Among neighborhoods in Clearwater Beach, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Island Estate Apartments

What is a cheap apartment in Island Estate?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Island Estate is under $1,475.

What is the price of a cheap apartment in Island Estate?

The cheapest apartment in Island Estate is The Oasis which is listed at $1,099, while the average apartment in Island Estate costs $2,480.

What types of apartments are the cheapest in Island Estate?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Island Estate that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Island Estate?

Cheap apartments in Island Estate have an average cost of $235 which is $2,245 cheaper than the average rent for all rentals in Island Estate.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.